BHUTAN UNVEILS LANDMARK 10,000 BITCOIN DEVELOPMENT PLEDGE TO GROW THE WORLD’S FIRST MINDFULNESS-BASED ECONOMIC HUB
The post BHUTAN UNVEILS LANDMARK 10,000 BITCOIN DEVELOPMENT PLEDGE TO GROW THE WORLD’S FIRST MINDFULNESS-BASED ECONOMIC HUB appeared on BitcoinEthereumNews.com.
Thimphu, Bhutan- December 17th: Bhutan has unveiled a national Bitcoin Development Pledge designed to support the country’s long-term economic development, job creation, and national resilience. The centrepiece of the pledge is a commitment of up to 10,000 Bitcoin (BTC) towards the development of GelephuMindfulness City (GMC) — a new economic hub in southern Bhutan designed around mindfulness, sustainability, and innovation. In value terms, the pledge represents a commitment of up to USD 1 billion in sovereign Bitcoin reserves to support GMC’s long-term development. The pledge is in line with the vision of His Majesty King Jigme Khesar Namgyel Wangchuck, reflecting Bhutan’s intention to apply modern digital technologies with care, patience, and responsibility, in service of its people and future generations. In implementing this multi-year commitment, Bhutan will evaluate a range of responsible approaches consistent with long-term stewardship. The approach will be determined in the coming months, with options under consideration including collateralising the Kingdom’s BTC holdings, risk-managed yield and treasury strategies, and intentional long-term holding approaches designed to preserve and protect the value of its digital assets. Any use of Bitcoin will be guided by strong governance and prudence, with an emphasis on capital preservation, appropriate oversight, and transparency. Bhutan recognises that Bitcoin’s enduring strength lies in its ability to compound value over time; the priority will be to preserve that long-term potential while ensuring development proceeds in a stable and sustainable manner, delivering positive economic and social outcomes—particularly for the country’s young population. Bhutan is one of the earliest sovereign nations to mine Bitcoin and has been using renewable hydropower to create digital assets for a number of years. Its abundant natural hydroelectric resources at times exceed domestic demand, allowing surplus clean energy to be converted into a long-term national asset without added environmental impact. The country will continue…
Filed under: News - @ December 17, 2025 1:23 pm